Market Scope

Market Research Future (MRFR) expects the Conductive Inks Market to capture a valuation of over USD 4.22 billion by 2027. It is also projected that the market size can soar at a rate of 4% from 2020 to 2027 (evaluation period).

Key Boosters and Impediments

Increase in conductive inks market application in consumer electronics combined with the growing requirement for cleaner energy has boosted industry growth in recent years. Conductive inks are expected to replace energy consuming wires and bulky circuits in the upcoming period. Moreover, mounting concerns with regard to escalating carbon emissions have forced government agencies to seek more sustainable alternatives. This could bolster the investment scope as well as the conductive inks market share over the review period.

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Conductive inks market products generally have polymeric conduction compounds and when compared to the traditional copperplate substrates and etching copper, are more cost effective when it comes to setting up advanced conductive traces. Conductive inks are smaller in size, have higher energy efficiency, and are more durable and are therefore, used extensively in portable consumer electronic devices. Conductive ink market demand and application also seem to be increasing in batteries and fuel cells, which can translate into considerable growth in the near future. Besides, the healthcare sector has turned into a promising area of interest, with wearables and sensors being designed to monitor athletic performance and track health status. To cater to the soaring needs of healthcare, conductive ink manufacturers are striving to develop better quality high-tech materials, which can favor the global industry in the years to come.

Research activities are increasingly being conducted by players to come up with lower priced raw materials, including graphene and carbon that have similar characteristics as silver. Top manufacturers and government agencies are working on fostering the conductive inks market production by trying to explore more applications fit for diverse industries. Players in the market ecosystem are also focusing on technological advances to offer a more competitive range of conductive inks to bolster their customer base worldwide. Prominent companies like Henkel offer an extensive array of items that cater to almost every major end-user such as automotive, electronics, and medical & healthcare, helping it to foster business operations while remain ahead of other players in the race.

Renowned Market Participants

The MRFR report has identified a few reputed companies in the Conductive Inks Market, namely Dupont, Vorbeck Materials Corporation, Novacentrix, Henkel AG & Co, Parker Chromerics, Poly-ink, Pchem Associates, Creative Material Inc, Johnson Matthey, Sun Chemical Corporation, among others.